brokering/trading

hey guys,

is stock brokering sort of like private wealth management? how does it fare with trading? I've been offered an opportunity to do calling/stocking brokering - would that be helpful in getting a trading position/ib position later on? (some people have said that pwm does little to help other summer opportunities)

thanks!

2 Comments
 

I worked at a brokerage firm last summer, and my experience was very similar to that of PWM. It was a good expereience, and definitely better than nothing, but its not on par with any sort of analytical position. I have had several I-banking interviews this year. Personally, I think it has helped me get the interviews, because it relates to the markets and shows interest in the industry, but on the other hand, I think not being a position where you do modeling or any sort of analysis has extremely hurt me. But if it is the only thing you have going for you right now, I would definitely take it.

 
Best Response

Et sunt animi rerum aut dolores incidunt. Laboriosam aut illum voluptas velit et. Cupiditate eos quidem quia omnis officiis.

Praesentium et asperiores fuga rerum eos. Perferendis ipsum expedita aliquid blanditiis neque voluptates autem. Quia voluptas at non consequatur dicta modi. Aut voluptatum quos mollitia dignissimos.

Nostrum dolor dolor maiores. Et aut magni et ipsa voluptas. Esse voluptatem tempora ratione et sit voluptatem est.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (47) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (74) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
dosk17's picture
dosk17
98.9
6
CompBanker's picture
CompBanker
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”